Roche Bobois, the French company specializing in high-end furnishings in which the Italian financier Gianni Tamburi is the first shareholder, has successfully completed its IPO and is close to placing its shares on the Euronext market in Paris. Total demand is nearly 1,7 million shares, of which 88% intended for global positioning for institutional investors and the remaining 12% mainly aimed at individuals. The Shushan family, the selling shareholder, set the price of the IPO at 20 euros. A total of 987.521 existing shares were sold as part of the deal, for a gross amount of €19,8 million. A liquidity contract will be implemented at the end of the potential stabilization period, i.e. by August 7th.
“I want to thank the institutional investors and the people who have joined us and shown their trust in us,” he said Gilles Bonan, chairman of the board of directors of the high-end furniture company. “It is a source of pride for our family, our employees, our affiliates, our partners and our shareholders to open the capital of the group to the public for the first time. This operation is part of a key phase in our development, characterized by an acceleration of our ambitions, especially at an international level. The Roche Bobois group is increasing its reputation, visibility and influence in France and around the world, which will undoubtedly allow us to attract new talent. Our teams are fully mobilized to implement our bold development plan for the coming years and achieve our growth and profitability goals.”
